Copperwired plans listing, new stores

Copperwired, an IT retailer, intends to list on the Stock Exchange of Thailand next year to prepare for the advent of the Asean Economic Community (AEC).

The proceeds from the offering will be used to increase sales of IT accessories, mobile devices and electronic gadgets.

"We aim to become the region's leading lifestyle shop by 2015," said Narong Intanate, the founder of Vnet Capital, which owns 57% of Copperwired.

STEVE JOBS LEAVES BEHIND RETAIL LEGACY

NEW YORK (TheStreet) -- Steve Jobs did what many retail CEOs only dream of accomplishing -- he turned discretionary items into necessities.

In a challenging economy, when retailers were simply trying to figure out how to unload T-shirts, shoes and food without resorting to drastic discounts, Jobs sold iPhones, iPads and iPods as if they were water in a barren dessert.